Dow Jones slips after grim jobless claims data

Dow Jones slips after grim jobless claims data

AFPThe S&P 500 was down 18.52 points, or 0.63 per cent, at 2,920.99.The S&P 500 and Dow Jones indexes dipped on Thursday as a grim US jobless claims report took the shine off a strong month for stock markets globally, but encouraging quarterly earnings reports from

RIL misses estimates on Rs 4,267 crore exceptional loss: Key  Q4 highlights
RIL misses estimates on Rs 4,267 crore exceptional loss: Key Q4 highlights

Gross refining margins (GRMs) for March quarter was at $8.9/bbl, outperforming Singapore complex margins by $7.7/bbl. Mumbai: Energy-to-telecom conglomerate Reliance Industries missed Street estimates as it reported a 38.73 per cent year-on-year (YoY) fall in consolidat

Due diligence by Aramco on track for planned stake sale: RIL
Due diligence by Aramco on track for planned stake sale: RIL

Getty Images The deal was aimed at cutting its massive debt and securing an assured supply of crude oil to its refineries.Reliance Industries, which is trying to sell 20 per cent stake in the company to Saudi oil giant Aramco, on Thursday said that the due diligence for

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Ness Wadia, 4 cos settle disclosure violation case with Sebi
Ness Wadia, 4 cos settle disclosure violation case with Sebi

TNNOn October 15, Sebi initiated adjudication proceedings against Ness Wadia and issued a show-cause notice, alleging he is liable for penalty for violating disclosure norms.Mumbai: Ness Wadia and four Wadia group companies have settled disclosure violations with market

Manulife picks 49% stake in Mahindra AMC for Rs 265 crore
Manulife picks 49% stake in Mahindra AMC for Rs 265 crore

Getty ImagesUnder the agreement, which was announced in June last year, Manulife has invested $35 million or Rs 265 crore to pick up 49 per cent stake in Mahindra AMC.Mumbai: Mahindra & Mahindra Financial Services (Mahindra Finance) on Wednesday said global financial se

Ahead of Market: 12 things that will decide stock action on Thursday
Ahead of Market: 12 things that will decide stock action on Thursday

Getty ImagesBack home a gradual easing of lockdown measures in major global economies lifted domestic equity benchmarks for the third session in a row.NEW DELHI: A claim by American biopharmaceutical company Gilead Sciences that its experimental antiviral drug, remdesiv

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